While we saw a recent uptick in homes coming on the market in 360 at the beginning of summer, and even saw a few homes sit for a few weeks….that didn’t last long. As of 8/13 there is now only one active listing in all of Three Sixty. Current only 5254 Pacific Terrace is available with 6 homes current under contract and in escrow. 5254 Pacific Terrace is a residence 1 floorplan in the detached “Terraces” offering 3 bedrooms, 2 1/2 bath, almost 1,850 square feet. The home is currently priced at $1,129,000 and as of 8/13 has been on the market for 38 days.

It seems that the inventory of homes for sale can just never keep up with the demand and based on the recent sale of 12822 Manhattan Court after only 3 days on the market it’s clear that the demand is certainly still there. One thing that might help ease that demand is to have the inventory of new listings pick up a bit and having 3 new listings in 360 on one day might be a good start. Today we saw two new Terrace single family homes come on the market at 5557 Palm and 5125 Pacific Terrace as well as a new 1 bedroom Flats condo at 13021 Central #403. Contact us if you would like more information or would like to set up a private tour of any of the homes.